Equipment Finance

Blog tagged as Equipment Finance

Heads up business owners: the asset write-off deadline is looming!

Heads up business owners: the asset write-off deadline is looming!

By Network Finance

Business owners wanting to buy a vehicle, asset or important piece of equipment and immediately write off the full cost have just over a month to act.

11.05.23 03:19 PM - Comment(s)

Decoding Credit Scores

Decoding Credit Scores

By Network Finance

Your credit score is a crucial factor in determining your ability to obtain credit or loans, and it can greatly impact your financial well-being.

31.03.23 12:40 AM - Comment(s)

EOFY alert! Financial year-end is fast approaching

EOFY alert! Financial year-end is fast approaching

By Network Finance

Small business owners wanting to buy a vehicle, asset or important piece of equipment and immediately write off the cost have just over a month to act this financial year.

30.06.22 12:08 PM - Comment(s)

SMEs invest in machinery, IT and energy-efficient assets for growth

SMEs invest in machinery, IT and energy-efficient assets for growth

By Network Finance

Australian small businesses are investing in their recovery through a surge in machinery purchases, IT and office technologies, and sustainable business assets, according to Commonwealth Bank (CBA) data.

30.06.22 11:57 AM - Comment(s)

Wheels in motion: RBA paves the way for early cash rate rise

Wheels in motion: RBA paves the way for early cash rate rise

By Network Finance

Mortgage holders are facing a sooner-than-expected cash rate rise after the Reserve Bank of Australia (RBA) revised its outlook due to the economy bouncing back strongly from the Delta outbreak. So just how soon can we expect a rate rise?

04.11.21 09:42 AM - Comment(s)

Business demand for equipment has hit record numbers

Business demand for equipment has hit record numbers

By Network Finance

Businesses across the country are purchasing new equipment and vehicles in record numbers, as companies big and small embrace the strongest market conditions seen in years, according to NAB data.

22.04.21 03:56 PM - Comment(s)

Mitre Saw $27K

Mitre Saw $27K

Industry: Manufacturing

Time in Business: Operating 2.5 years

Client Requirements

Client required an additional Mitre Saw which would cut stone on a 45 degree angle

Fast turn around required as business needed this new saw to fulfill orders which had just been placed.

Business recently we...

07.05.20 12:54 PM - Comment(s)

Old Forklift $13k

Old Forklift $13k

Industry: Manufacturing

Time in Business: Trading 2 years

Client Requirements

3 year secured loan, Lender who will finance older assets. Most lenders have a maximum age of 12-15 years at the end of the loan term

Our Solution

We were able to present 2 approval options to the client and...

24.04.20 11:09 AM - Comment(s)

Vehicle Finance $27k

Vehicle Finance $27k

Industry: Construction

Time in Business: Established Business 10 Years

Client Requirements

Clients are after a 5-year loan term with minimal upfront outlay.

Business has had a recent change of directorship

Judgement on credit file to a material supplier

Vehicle is b...

24.04.20 09:44 AM - Comment(s)

Skid Steer & Trailer Combo $52k

Skid Steer & Trailer Combo $52k

Industry: Building and Construction

Time in Business: Company operating 14 months

Client Requirements

Client required a skid steer in order to take on new work contracts.

Unable to get approved by their current back as the ABN had been trading for less than 2 years and no financials avai...

23.04.20 04:36 PM - Comment(s)

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